China Tangshang Holdings (HKSE:00674) Change In Receivables : HK$0.0 Mil (TTM As of Sep. 2023)

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What is China Tangshang Holdings Change In Receivables?

China Tangshang Holdings's change in receivables for the quarter that ended in Sep. 2023 was HK$0.0 Mil. It means China Tangshang Holdings's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

China Tangshang Holdings's change in receivables for the fiscal year that ended in Mar. 2023 was HK$304.9 Mil. It means China Tangshang Holdings's Accounts Receivable declined by HK$304.9 Mil from Mar. 2022 to Mar. 2023 .

China Tangshang Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$2.2 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. China Tangshang Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 0.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Tangshang Holdings's liquidation value for the six months ended in Sep. 2023 was HK$-2,171.8 Mil.

China Tangshang Holdings Change In Receivables Historical Data

The historical data trend for China Tangshang Holdings's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Tangshang Holdings Change In Receivables Chart

China Tangshang Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-43.18

-1.87

-250.22

43.42

304.87

China Tangshang Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

China Tangshang Holdings Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

China Tangshang Holdings (HKSE:00674) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

China Tangshang Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.188	/	784.202	*	91
=	0.51

2. In Ben Graham's calculation of liquidation value, China Tangshang Holdings's accounts receivable are only considered to be worth 75% of book value:

China Tangshang Holdings's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	213.265	-	2386.716	+	0.75 * 2.188	+	0.5 * 0
=	-2,171.8

China Tangshang Holdings Change In Receivables Related Terms

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China Tangshang Holdings (HKSE:00674) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Tangshang Holdings Ltd (HKSE:00674) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 Austin Road, Unit 1201, 12th Floor, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.ts674.com

China Tangshang Holdings Ltd is a Hong Kong-based investment holding company. It operates in the segments of Property sub-leasing and investment business; Property development business and Money lending business. A majority of revenue is derived from the Property development business which involves the development of real estate. The group's operations are mainly located in Hong Kong and the PRC.

Executives

Chen Weiwu	2101 Beneficial owner
Shenzhen Tangshang Industrial Group Co., Ltd	2201 Interest of corporation controlled by you
Jiang Dingwei	2201 Interest of corporation controlled by you
Shenzhen Yaoling Investment Company Limited	2101 Beneficial owner

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